Friday, September 29, 2023

Apple shields its future after closing a long-term agreement with ARM

Apple has signed a new agreement with Arma British semiconductor company, to be able to use chip technology in its processors “beyond 2024”Has revealed Reuters through information obtained through reports that the company itself has provided publicly for its IPO.

The Cupertino firm, specifically, will continue to bet on Arm for the design of the processors they use for their devices. This includes iPhone, iPad, Mac, Apple Watch, and even Apple Vision Pro. “We have entered into a new long-term agreement with Apple that extends beyond 2040, continuing our long-standing partnership with Apple and access from Apple to the Arm architecture”, the company has communicated.

In the document, Arm also highlights that large companies in the technology sector, such as AMD, Google, Samsung and TSMC, Intel or even Apple and Nvidia, are interested in acquiring “up to a total” of 735 million dollars in shares of Arm. In the list, without a doubt, Nvidia stands out, as we remember that the latter wanted to try to acquire the company. The SoftBank-owned firm, for now, continues to try to go public at a valuation of $52 billion.

Arm will be present in the next Apple processors

At the moment, neither Apple nor Arm have offered more details about this agreement, beyond, yes, that it will be extended to more than 2040. The Cupertino company, therefore, will continue to use its architecture in processors such as the M3 chips. Also in the M3 Pro, M3 Max and M3 Ultra, which could arrive throughout the next year. On the other hand, they will bet on Arm for the iPhone processors. In this case, Apple plans to launch the A17 Bionic chip in a few days, which would be included in the iPhone 15 Pro and 15 Pro Max.

Meanwhile, Arm continues to finalize its IPO after Nvidia’s failed buyout attempt. The company specializing in graphics cards, let’s remember, tried to acquire the British company for 40,000 million dollarss. Finally, they aborted the decision before pressure from UK regulators, the European Commission and the FT.

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